Wichita eagle. [volume] (Wichita, Kan.) 1886-1890, 1887-03-19
ANOTHER STEP.
ANDNOW ABOARDOFTRADE.
Charter Filed and q Hundred ThOus
and Building.

The public business Of this city is becom-
ing too complex and great for the commit
Tee Of twenty 20 longer properly care 1or'
and the old Board of Trade, which was sucn
more in Bsme than in fact, has outhved us
usefulness. A recognition OF these 1acos'
and an appreciation of the further fact tnat
many interests Of the city were suffering 1or
the want of intelligent treatment ard con-
sideratiou. has resulted in a discussion IN
business circles which in turn he's crystal
lied into movement for genuine Board OF
Trade. Yesterday, at the instance
Of Mr.. J. c. Richey, A. Owens
ESQ, drew UP charter Tor
the Wichita Board Of Trade Himited) Asso-
citation. which will be forwarded today for
fling with the secretary Of state. The pur-
pose OF the association, as set forth IN the
charter, is to purchase q site and to erect
thereon building to be used, owned, occu-
pied and operated by the association char-
tere, as the Wichita Board Of Trade. the az
fairs of which corporation snail be managed
by seven directors. The estimated cost OF
grounds and buildings is one hundred ana
fifty thousand dollars. The capital stock Is
OF like amount. and is to be equally divided
between one hundred and fifty members at
one thousand dollars each The incorporators
are w. C. Woodman. w. W. Levy, j. o.
Davidson. L. D. Skinner. II ". Lewis, W.
S. Corbelt and George Blsckweider. no
member is to have or control more or less
than single share.
II is needless to say that the EAGLE en-
dorses this wise move. Il is one that 1t ad-
vocated more than year ago. suggesting
that the grounds being secured such build
ing could be erected on mortgage Is would
not only pay itself out but pay dividend
beside. A building centrally located would
not ouly gather into it tie real estate eX-
changes the telephone exchange. the tele-
graph Office and the board Of trade, but fur
nj b rooms for a number Of professional
men. 1t would or ought to become the
heart, the center of the city's
commercial life. As soon as the matter was
heard Of yesterday several gentlemen step
ped forward with offers to take from one to
ten thousand each of ITS stock. But that Is
not the idea. The shares to enhance RAPIDLY
in value must not he issued only to members
ia share and share alike. There will be no
trouble in finding the requisite number OF
men to fill the membership. The benefits to
accrue from so solid an organization need
setting out Wichita above ali other cities
in the state needs such board Of trade
Just as she is the only city in the state hay
ing airy use for bank clearing house.
The grounds ought not to cost to exceed
from twenty to forty thousand. In the
hands of one hundred and fifty of Wichita's
live, practical business men one hundred
thousand dollars in building ought not
only to eclipse the one hundred thousand dol
lar building being put up by the government
contractors, but surpass any commercial
building in Kansas by odds. Eut it would
he better to pay fifty thousand for central
site than twenty for an inconvenient loca-
ton, and for the vital purposes mentioned.
Let the ball roll; the EAGLE will try and
keen on the wing.